The Natural Gas Cash-Out Problem: A Bilevel Optimal Control Approach
2015 ◽
Vol 2015
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pp. 1-17
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Keyword(s):
The aim of this paper is threefold: first, it formulates the natural gas cash-out problem as a bilevel optimal control problem (BOCP); second, it provides interesting theoretical results about Pontryagin-type optimality conditions for a general BOCP where the upper level boasts a Mayer-type cost function and pure state constraints, while the lower level is a finite-dimensional mixed-integer programming problem with exactly one binary variable; and third, it applies these theoretical results in order to find possible local minimizers of the natural gas cash-out problem.
2021 ◽
pp. 036119812110478
2013 ◽
Vol 385-386
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pp. 999-1006
2013 ◽
Vol 36
(5)
◽
pp. 1267-1277
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2013 ◽
Vol 74
(6)
◽
pp. 951-967
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